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BetonSports obviously feels confident about the online gambling industry. - December 29, 2005
BetonSports has been making many changes. From snapping up some online sports booking and casino businesses, to internal reformations, the company certainly isn’t stale. Nevertheless, it hasn’t gotten off to a cracker start, but everyone is positive they will soon see results.
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Bet and Win is seeking to take over Ongame. - December 29, 2005
The game is on for Ongame. With fresh interest in purchasing the company, Bet and Win has made a very generous offer. The offer could see the Hornell family, who owns the majority of shares in the Ongame company, walk away handsomely endowered. If not, Ongame will most likely float.
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Online gambling is proving to be a very lucrative business. - December 26, 2005
Wall Street firms are jumping on the online gambling bandwagon. Defiant to US law prohibiting internet gambling, several of Wall Street's largest companies have invested millions of dollars on the London Stock Exchange for shares in online gambling sites. This raises a new angle on the legality issue. For now, however, the risks seem to be paying off.
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South Africa is a step closer to legalizing online gambling. - December 26, 2005
South Africa might be the next big online gambling location. Should the recommendations from investigation committee into online gambling be passed as law, South Africa might soon be the host of a major online industry. Considered unstoppable anyway, SA simply needs to pass the laws legalizing this new phenomenon.
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It appears that we may need watchdogs, for the watchdogs. - December 22, 2005
Even watchdogs need to be scrutinized. As more watchdog organizations enter into financial agreements with the sites they are supposed to be objectively reviewing, the gaming public needs to be aware of the fluidity of reports celebrating or condemning gaming sites. This only proves further the difficulties of monitoring and regulating online gambling.
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Recent speculation in the British financial media about the imminent sale of Ladbrokes Gambling Business was confirmed by Hilton Group Plc. - December 22, 2005
The Hilton Group has confirmed rumors it has propositions to buy its gambling division, Ladbrokes. Shares from the Group rocketed to new heights following speculation by the press on such events. Ladbrokes is one of the Hilton Group's most successful enterprise.
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One of the sure things about online gambling, is that it is no sure thing - both for the gamblers and for the companies. - December 22, 2005
Party Gaming has gone from strength to strength. It has taken with it the outlook of its CEO, Richard Segal. Not even half a year ago Segal was entirely pessimistic about the industry. Today, he looks forward to its growth and expansion thanks to rising popularity and technology.
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With fifteen gambling companies already stationed on its shores, Gibraltar has recently passed a new law creating a licensing and regulatory body to monitor the industry. - December 22, 2005
Gibraltar has just passed new laws for online casino companies. The laws are targeted at owners, forcing them to take caution and responsibility with the services they provide. The new laws also have stricter enforcement measures and hope to keep Gibraltar as one of the most reputable locals to establish an online gaming company.
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Greg Hogan isn't what you'd call a regular criminal. - December 20, 2005
Online gambling is becoming rife on US college campuses. Young, intelligent and affluent youngsters are being lured by the access to the online casinos. However, without finances and maturity to support this hobby it often turns compulsive leading many to serious, criminal activity.
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